$1,799,000
$200K PRICE DROP

226 Lake Fork Junction Rd Ophir, CO 81320

Estimated payment $9,740/month

Total Views 3,933
2 Beds
2.5 Baths
1,812 Sq Ft
$993 Price per Sq Ft

Highlights

  • River Front
  • Creek or Stream View
  • Deck
  • Telluride Intermediate School Rated A-
  • Fireplace in Bedroom
  • Adjacent to Greenbelt

About This Home

A cozy fully remodeled home, a meandering and cascading river running through the property, bordered on 2 sides by common space and then acres upon acres of national forest, a short walk to not just 1, but 2 waterfalls, INCLUDES AN ADDITIONAL LOT with the ability to build a 2nd free-standing residence, and patio views of the Ophir Needles...what more could you ask for in a mountain retreat only 15 minutes from the Telluride ski area? A true river-oasis, the home resembles an elevated ''treehouse'' with spacious, vaulted, and natural post-and-beam architecture with a perfect combination of brightness and warmth. The floor plan offers 2 bedrooms, 2.5 baths plus a superb loft. 1,000+ sf of wrap-around deck space. True comparable properties simply don't exist for this gem.

Listing Agent

JJ Ossola

LIV Sotheby's International Realty - Telluride Listed on: 05/05/2025

LIV Sotheby's International Realty - Telluride

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,866

Year Built

  • Built in 1976 | Remodeled in 2017

Lot Details

  • 1.75 Acre Lot
  • River Front
  • Adjacent to Greenbelt
  • Open Space
  • Landscaped

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Bungalow
  • Metal Roof
  • Wood Siding
  • Metal Siding
  • Stick Built Home

Interior Spaces

  • 1,812 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Oven or Range
  • Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Telluride K-6 Elementary School
  • Telluride 7-8 Middle School
  • Telluride 9-12 High School

Utilities

  • Baseboard Heating
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Engineered Septic
  • Septic Tank
  • Internet Available

Community Details

  • Property has a Home Owners Association
  • Association fees include trash, road maintenance
  • Lake Fork Junction HOA

Listing and Financial Details

  • Assessor Parcel Number 1040011475

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,866

Year Built

Built in 1976 | Remodeled in 2017

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Range Top, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Freezer
  • Estimated Total Acres: 1.75
  • Class: RESIDENTIAL
  • Em Deposit: $100,000
  • Em Holder: Land Title Guarantee Co.
  • Exterior Inclusions: Shed/Storage, Landscaping, Patio, Deck
  • Interior Inclusions: All Furnishings
  • Legal Lot Block: LOT 8 LAKE FORK JUNCTION SUB 1 0.831 ACRES and LOT 9 LAKE FORK JUNCTION SUB 1 CONT 0.923 ACRES plus % of common area
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 1040011475
  • Price Per Sq Ft: 992.83
  • Property Description: Adj to Greenbelt, Adj to Open Space, Boundaries Surveyed
  • Real Estate Included: Yes
  • Realist Id: 1040011475
  • Residence Stories: 1.5 Story
  • Residence Style: Bungalow
  • Sale/Rent: For Sale
  • Siding: Metal, Wood
  • Street Descriptionaccess: State Highway, County, Gravel
  • Street Designation: Road
  • Waterfront Type: River
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • Internet Provider: Clearnetworx
  • Internet Service: Yes
  • Total Taxes Dollar: 1865.80
  • Year Built: 1976
  • Year Renovated: 2017
  • Foreign Owned Y N: No
  • Prop Description Remarks: A cozy fully remodeled home, a meandering and cascading river running through the property, bordered on 2 sides by common space and then acres upon acres of national forest, a short walk to not just 1, but 2 waterfalls, INCLUDES AN ADDITIONAL LOT with the ability to build a 2nd free-standing residence, and patio views of the Ophir Needles...what more could you ask for in a mountain retreat only 15 minutes from the Telluride ski area? A true river-oasis, the home resembles an elevated ''treehouse'' with spacious, vaulted, and natural post-and-beam architecture with a perfect combination of brightness and warmth. The floor plan offers 2 bedrooms, 2.5 baths plus a superb loft. 1,000+ sf of wrap-around deck space. True comparable properties simply don't exist for this gem.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 18

Interior Features

  • Dining Room: Separate Dining
  • Bedrooms: 2
  • Flooring: Carpet-Partial, Hardwood
  • Estimated Total Sq Ft: 1812
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Fireplace Location Type: Bedroom, Living Room
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Exterior Structures: Shed
  • Roof: Metal
  • Views: Mountains, Stream/River
  • Waterfront: Yes

Utilities

  • Utilities: Electric, Propane-Tank Owned
  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Propane
  • Heating System: Electric Baseboard, Floor Radiant, Fireplace
  • Sewer Supplier: Septic

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Trash, Road Maintenance
  • Hoa Name: Lake Fork Junction

Schools

  • Elementary School: Telluride K-6
  • Middle School: Telluride 7-8
  • High School: Telluride 9-12
  • High School: Telluride 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Telluride K-6
  • Middle School: Telluride 7-8

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,666 $39,300 $7,730 $31,570
2023 $1,561 $39,680 $7,810 $31,870
2022 $995 $39,680 $7,810 $31,870
2021 $1,016 $26,390 $8,250 $18,140
2020 $1,030 $27,040 $8,250 $18,790
2019 $1,015 $27,040 $8,250 $18,790
2018 $676 $18,750 $0 $0
2017 $588 $18,750 $8,310 $10,440
2016 $590 $18,560 $9,180 $9,380
2015 $326 $10,600 $5,250 $5,350
2014 $489 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $1,799,000 -10.0% $993 / Sq Ft
05/05/2025 05/05/25 For Sale $1,999,000 0.0% $1,103 / Sq Ft
04/08/2025 04/08/25 Off Market $1,999,000 -- --
02/06/2025 02/06/25 For Sale $1,999,000 -- $1,103 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Deed -- --
Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $197,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 823687

Colorado Real Estate Network (CREN)

APN: 104-0011475